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20121226
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a social security, medicare, medicaid. that is not the only entitlements. every government program that has a retirement benefit, a health-care benefit, those are entitlements, two, up to and including the entitlements for the congressman. let's be fair. when they start talking about entitlements and hold it to those three items, let's hold their feet to the fire and make them talk about entitlements for the other folks, too. host: appreciate you calling this morning. donna writes about this on twitter. if that to facebook here. -- back to you facebook here. budget showdown hits the keep week. that is of the front page reminding us of the deadline looming. it is a bloomberg story here out of the district. i you can watch the byplay here on the c-span that works with the president heading back to town tonight. the senate and house are due back tomorrow. billy from jacksonville, florida, to life for waiting. caller: i am very optimistic but i worry that the president will not get a chance because lindsey gramm already stated he will fight. i think there will already be another big fight for t
the benefits of a government-insured reverse mortgage. it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ >>> as folks dig out, the flight delays delays rack up. nearly 1300 flights canceled so far. mike tobin is at chicago's o'hare with the latest. >> when you talk about the flight cancellations, the hubs of o'hare, atlanta, did not get hit so the megaripple didn't happen. the places that you see the cancel legislations are the destination. ohio, michigan, indiana, stretching all the way to the eastern seaboard. if that city is socked in, there's where the flights are canceled. it's a serious storm. you might have mentioned six people were killed, mostly people who elected to get out on the roadways. these are states like iowa, indiana, central illinois, where more than a foot of snow came on down. all of those people who made it to destinations for christmas are trying to get home. between them and home is snow, ice, and gusts up to
an actual all-time high again. anyway, among the catalysts, a new pro-business government preparing to assume leadership, incoming prime minister shinzo abe. what is it, 50,000 that it has to get to? >> 39,000 i believe is the peak. >> who's counting, right? that's a ways off. >> yeah. far away. >> shinzo abe has been putting pressure on the bank of japan to raise its inflation target in hopes of extricating the country from two decades of deflation. i guess if you just raised the target -- >> that would help. >> okay. >> it doesn't matter what your target is if you can't hit it. >> we found that out here. >>> meantime, in europe markets are closed for the boxing day holiday. seems weird to do it just for a bunch of people to -- >> box up the gifts and return them. >> it's not a -- >> bad, i know. >> it is boxing. what kind of boxing are we -- boxer rebellion? >> i've never understood boxing day. >> we have to look it up. >> i literally have no idea. >> or it's on google. no, is there anything on google that is different? let me see. just a regular -- >> is there their our way to fi
and scope of government in a way responsible to the voters of that midterm election. instead what we're almost certain to see is an expansion of government in the name of reintroducing it. we're likely to see much bigger government long term. we're not likely to deal with entitlement reforms as we need to do. as you suggest the president is pushing some short-term spending increases often in washington turn into long-term spending increases. gregg: but, steve, bill kristol, conservative, you know what, time to throw in the towel. you do not want to get blamed for raising taxes on 98% of americans. >> right. gregg: right? >> look, bill kristol is my boss and editor at "the weekly standard" and one of most handsome and well-regarded editors in the country as everybody knows. look, i think he was making what was, in effect a practical case. there are people who are making this case behind the scenes. you have seen, he said, get it over with. move beyond this. there are others saying absolutely not. republicans can't cave on the principle of raising tacks. i think interesting thing in wh
in entertainment and gaming are possible in health care, education and all government services. >> if we can dig down into education a bit more because i think the disparity in our education system, the haves and have nots in terms of education is another major barrier in terms of keeping the american dream alive. our education system has basically worked the same from inception. the classroom that my daughter will be in looks like the one i was in. looks like the one my parents were in. it seems like that we may may be on the verge of a technological revolution. some example i will give you is these massive open online courses where high level institutions like harvard and mit are opening up courses to thousands of people around the world, typically free and typically no credit given. students are grading each other because there so many you could never hope to have a professor grade all the students's work. what sort of innovations do you see transforming the classroom in the way that education is delivered? >> the main thing about the internet-driven revolution and every sector of the economy
. >>> kurdistan is suspending all of its oil exports. its regional government says iraq's central government has underpaid its share of export revenue. the export halt affects about 100 thousand barrels of crude every day. >>> terrorist cell arrests and shiftdown hurt oil futures as they hit a two-month high. crude settled up more than 2 1/2%, closing at $90.98 a barrel. we'll turn our attention attention to something less economic oriented but something certainly important. that's syria. one of syria's top generals defected alleging chemical weapons are being used by the assad regime against rebels. has the u.s.'s red line for intervention been crossed? details coming up on that. >>> thousand of union dock workers could bring ports across the gulf coast and eastern seaboard to a standstill starting this weekend. details how that could shipwreck businesses across the united states coming up. do you ever have too much money? i think not. ♪ people really love snapshot from progressive, but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days la
to monitor them in the nefarious way. >> juan: this is the government. >> andrea: they are outing them like they have done something wrong. the same way you are carded if you buy allergy medication. symptom of greater disease. gawps you have a permit to own a gun. >> andrea: would you be comfortable if the address was out just mine is. >> andrea: writers of the journal news. >> juan: the guy wrote the article revealed he owns a gun. i am in the phone book. it neem the newspaper. >> kimberly: call me. >> juan: thank you. for all of us, there is a high degree of risk. one thing that greg says on the show that is true, we're guarded. people guard us. that is not the issue. i'm not anti-second amendment but be realistic. there is a public safety issue with people access to guns. >> eric: you have it backwards. >> juan: thank you. >> eric: if you took the country and did the same thing on the map of the country the safest places to live with the places with lots of dots not with no dots. >> juan: you are wrong. >> eric: i'm not. >> juan: i live in urban america. 34 people a day die from gun inju
, but public policy makers, people who are in government need to look after public employees whether they're firefighters or teachers. and these kinds of weapons -- we're talking about urban situations as well. there's no argument, not a hunting argument, not a self-protection argument for this kind of weapon. and i think that's where the political debate is going to go shorply when it comes to assault weapons. >> if you go with lapierre about arming our teachers and schools, we should arm firefighters. where does it end? >> which no firefighters would want. and how are you supposed to check as well in a firefighter situation what the mental state of the person you're trying to rescue is? it makes no sense at all. and again, if you are leading, you're an executive in government you have to look at our employees as well. >> one of the things that struck me about the press conference and on meet the press, is the number of factual errors from lapierre. we're going to look at this and talk about it on the other side. >> killers, robbers, rapists, gang members, violent crime is increasing aga
government bailout than meets the eye. liz macdonald tells us the white house is backing a plan to help out underwater mortgages and not just for government underwritten loans. shibani: let's take a look if you own these stocks on the nasdaq you are making money today. research in motion, netflix, a lot. dennis: the christmas movie box office cannot non-violent are rated westerns by quentin tarantino against a broadway musical based on a nineteenth century novel, was miserables and the musical won. universal's less miserables broken 18.one million dollar guarantees, tarantino break-in $15 million, the highest level christmas opening for and are rated film. elsewhere taylor swift is breaking up with stream music services. turn newest album read finished fifth week at number one but she refused to make it available on internet streaming services that the attendees her songs. other music acts may take notice. a great story in the wall street journal. an office building, number one times square, the bad news, it is mostly vacant. the good news is it brings in $23 million a year in ad revenue on
cliff, so note to the government. it does matter. >> yeah, but that's, as you say, part of it. laura, what else is going on? it just felt like we were going into a lackluster season here. what happened? >> i mean, there's been some discussion about weather trends as well, but whether or not we go over the fiscal cliff, consumers think next year we'll see higher taxes and lower entitlements. the only place in our space where we see a very significant fiscal cliff hit is aspirational customer, so the step-up customer into low-end tiffany's jewelry, for example, we just don't think they showed up this year. >> even if people, stacy, are going to be hit by higher taxes next year, at least some people are going to be hit by higher taxes next year, a lot of this is psychological, isn't it. you turn on the tv and you're feeling spooked, right? and once we have a deal or resolution, uncertainty taken away, will people unleash their spending? will this be unlocked? >> i think at the high end, yes, there will be some relief, and, you know, to laura's point, we were in tiffany over the weekend,
to support and fund our government. what does it say about the dysfunctionality? >> we will have to leave it there. happy holidays to you. joining me now on the phone, congressman gregory meeks. congressman, i just saw you downstairs in the lobby about two or three hours ago and you were waiting on a phone call to determine when you might have to go back to d.c. to hammer out fiscal cliff matters. have you gotten the call yet? >> we are still waiting. >> no word as to when you guys are going back? no sense of urgency? >> i think there is a sense of urgencey and we have to have a deal. i don't think that the speaker is going to bring back all the members unless he has a vote and that's what he is going to have a conference call. he's got to resolve his conference. democrats said they indicated to meet folks halfway. the government worked for his entire existence. i think the speaker is concerned about whether or not he can get reelected. he puts the bill on the floor without having all of his republicans on as i heard in your panel. the talking about i believe we can get 20 or 25 or more t
. and you'll notice that when employer gets to around the adjusted withholding, the government spending cuts, those are also scheduled for january 1st and bound to slow the economy and some argue they'll weaken the military. congress has seen this coming, but an effort to limit the damage failed last week. republican house speaker john boehner could not persuade enough members of his party to let tax rates rise on incomes over a million dollars while sparing everyone else. dana bash is our senior congressional correspondent. dana, this time tomorrow, the president is supposed to be back, having cut his trip to hawaii short, the first lady, the girls are staying in hawaii. the senate is supposed to convene, but not necessarily the house. what is going to happen? >> reporter: well, we're not really sure. in fact, house republican leaders are having a conference call, i'm told, as we speak, to figure out that very question. they told their members that they would have 48 hours notice before they reconvene the house and so at the earliest, that would be on friday. but, you know, the action reall
there is no school today. good thing that most governments would be closed today, savannah? >> dave malkoff in indiana for us. thank you. >>> let's get a check of the weather from maria larosa in for al this morning. good morning, maria. >> over 300 flights canceled already. chicago, dallas, indianapolis, some of the airports that are tracking the most closures -- or most cancellations i should say. from arkansas on up into ohio. windy conditions as well. blowing snow. snow will be picking up in a lot of these areas through the afternoon. by tonight into places like western new york state we're talking six to nine inches in a wide area in blue. in purple, as much as a >> wintry weather possible for the morning. high stay near 40 degrees. it wintry >>> and you can get a look at your forecast 24/7 at weather.com. just want to make sure. check off the bucket list. willie, back to you. >> maria, thank you very much. >>> pyrex is one of the best known products in our conditions but some incidents have led many to question how safe glass cookware is. pyrex says it's misleading and unfair. mike ta
to be the police chief accuses the government of carrying out massacres of innocent civilians and he says the military is nothing but armed gangs that kill. he says is he defecting to, quote, join the people's revolution. and the recovery in the housing market remains on pace. home prices rose 4.3% in october over last year, that is it the biggest percentage increase in more than two years. near record low mortgage rates and fewer foreclosures are helping spur sale which is in turn is boosting prices. and the world's longest high speed rail line is up and running and it's in, where else, china. the 1428 mile line spans more than half the country linking the capital of beijing to the southern chinese bloom city. trains will run at 186 miles per hour. >>> and civil rights icon nelson mandela has been discharged from a south africa hospital. 94-year-old former president will continue treatment at his home. he was hospitalized with a lung infection on december 8th. one week later, he had surgery to remove gallstones. i'm sure everyone's pleased to hear that he's doing well. >> thanks so much
budget cuts coming down to certainly state and local governments, not a good thing. and so this seemingly bad game of chicken, you know, this is not some schoolyard game here. this is about people's lives, it's about their livelihoods, it's about the future of cities, it's about programs that need the dollars to provide services that the citizens want and expect is lack of doing your job. and so congress, it seems to me, should be flying, literally, back into session to get things done. the marketplace will not reward this inactivity, but more importantly, the psychological confidence that citizens and the business community should have about the ability of congress and washington to actually get stuff done will, again, be shaken. it was mentioned, jonathan mentioned earlier, you mentioned earlier summer of 2011, a useless debate about whether or not we should raise the debt ceiling, had been done 36 times, but we had to have an inane debate about that. now it's the fiscal cliff. and whether or not across the board cuts should be made to all kinds of services and programs because the supe
to include more. the expansion will be for homes not back bide the government and under water. 22 percent of all homes with a mortgage were under water in june . another plan would transfer risk air loans to fannie mae and freddie mac. taxpayers supports both of those companies. jessica simpson is expecting another baby . she tweeted a photoof her daughter that said big sis. the announcement comes 7 months after giving birth to her first child. >> she struggled with all of that weight loss afterwards . she was a spokesperson and now here we go again. >> didn't she tweet a picture out of her new body. >> just about. and you are going to twet a picture of the post pregnancy body. >> i love to hear guys talk about that. >> post christmas and riflect on the gifts we gave and got. we want to hear from you. what were the best gift worst gifts that you got. do it anonymously . you got something from the inlaws that you department like. i have to say, i loved and got a coffee grinder that i wanted and burr coffee grinder and we need delicious coffee and it sits there on the countertop. >> you bre
. and they're not going to, basically, get employment and income with government assistance and subsidies alone. you have to grow the economy, and nothing this president's done in four years has meaningfully done that. let's go back to the point that says the republicans are intractable. they agreed to $1.2 trillion in new revenue. john boehner from the very beginning put 800 billion in revenue on the table. the president was known to say, well, that's mine. i get that one for free. i don't have to give anything in return. the president in addressing a deficit added $1.6 trillion in new spending. gregg: yeah. >> so who are we joking right now? the president has never taken the spending side of this equation seriously, which is why we don't have a deal. republicans have put their necks on the line supporting new revenues, the president's not coming through. gregg: senator barrasso said the president does want to go over the cliff, because he wants to punish republicans. is there something to that? >> i don't think there's anything to that, but the reality is that if he wants to get anythin
vocal. >> they are important when you have a system of government in the house where you have to pass things. the majority itself. the majority of the majority. that was pretty much in effect when democrats controlled for 40 years as well. there were rare occasions. president clinton massed nafta, the free trade agreement in 1993. the majority of republican votes for it and democrats against it. it's only 20 votes, but that is the difference between boehner getting what he wants and not. if he loses, he can only lose fewer than that in january. he needs a bill that commands a lot of democratic support. >> people say it will be one of the most powerful people. it will be more powerful because she has the upper hand and she knows it. she will have to deal with it at least 75 to 100 votes. >> and again the marks sustain this idea of okay, this new more moderate congress coming in and these voices will be put down to a degree or will we see dire financial implications off the bat? >> the lesser because even if they managed to harsh out the small deal that president obama is putting forwar
Search Results 0 to 17 of about 18